New Jersey

NPQ – Nonprofits Shift Baby Boomer Businesses to Worker Ownership in Bid for Community Sustainability

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Read full article at Nonprofit Quarterly: At NPQ, we have written about the growing prominence of employee ownership, but mostly from the perspective of the value of preserving businesses and jobs in the community. Still, these community benefits will only be realized if business owners agree to sell to their employees. So, what would drive a business […]

New Jersey

Newark EDC – Employee Ownership

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From the Newark EDC: The City of Newark, under the leadership of Mayor Ras J. Baraka, is implementing the development of employee-owned businesses as a community wealth-building strategy. Our employee ownership initiative is designed to change the economic landscape for residents of Newark, NJ through the conversion of existing businesses to employee ownership. Historically, employee-owned […]